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Tag Archives: Medicaid
Wisconsin Medicaid Cost Reduction – A Little Bit Of Good News On Government Spending
It does not happen often but every once in a while we come across an instance of a government entity actually reducing its costs and inefficiency when it comes to spending taxpayer money. A short article by Ryan Tracy in … Continue reading
Medicaid- Healthcare
As healthcare in the united states become costly, most people have not been able to get basic healthcare due to their economic status. There are millions of Americans who today live in fear of getting sick because they are not … Continue reading
Designating the State Medicaid Agency as a Beneficiary
The majority of elder law attorneys are very familiar with the Deficit Reduction Act of 2005 (“DRA”); however, I have found that much confusion still surrounds the requirements regarding designating the state Medicaid agency as a beneficiary of a Medicaid Compliant … Continue reading
Medicaid Planning: Transfer Assets for Medicaid Eligibility
Transfer of Assets in Medicaid Planning There is a period of non-eligibility for Medicaid for those who have recently transferred assets. The DRA was enacted in 2006. For transfers that were made prior to the enactment, Medicaid officials will only … Continue reading
Does Your State Accept Medicaid for Assisted Living Facilities?
Before individual state governments passed much-needed legislation, many assisted living facilities were only private pay situations. Fortunately, for many older Americans facing housing dilemmas, Medicaid waiver programs have taken up much of the slack that Medicare did not. Providing funds … Continue reading
Medicaid in Oklahoma: A Look at the State Insurance Program
While deficiency of income can restrict admittance to some things, premium healthcare doesn’t need to be one of them – thanks to the premium options and programs designed specially for for lower income households and individual Oklahomans. In Oklahoma, low-income … Continue reading
Irrevocable Trusts in Medicaid Asset Protection Planning
Irrevocable Trusts for Protecting Assets in Medicaid Planning While transferring assets is a great way to protect your assets and gain eligibility for Medicaid, there is a major disadvantage to asset transfers. When you transfer an asset, you basically give … Continue reading
Posted in Medicaid
Tagged Asset, Irrevocable, Medicaid, Planning, Protection, Trusts
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Medicaid Planning Strategies
Medicaid Planning Strategies Though it may seem impossible, there are ways to plan ahead for Medicaid. Most people believe they have to rid themselves of all income and assets in order to receive benefits, but this is not always true. … Continue reading
Medicaid Eligibility in Long Term Care, Do You Qualify or Not?
Costs of long term care nowadays have increased gradually and many people are beginning to express great concern when talking about the issue. Particularly for individuals with average earnings, long term care has become more of a privilege – a … Continue reading